Teuvo Teravainen, Carolina Hurricanes agree to contract extension

Jan. 21 (UPI) -- Teuvo Teravainen agreed to a contract extension with the Carolina Hurricanes, the team announced Monday.

The five-year, $27 million deal runs through the 2023-24 season and has an average annual value of $5.4 million.

Prior to the extension, Teravainen could have become a restricted free agent on July 1.

"Teuvo has improved every year of his NHL career and has established himself as a cornerstone forward for the Hurricanes now and into the future," Hurricanes President and General Manager Don Waddellsaid in a statement. "He has shown that he is capable of adapting and expanding his role with our team, becoming a key penalty killer for [Hurricanes head coach] Rod [Brind'Amour] this season. He's still just 24 years old and we believe he will only continue to grow as a player."